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South Korea Economic Development Co-operation Fund
The African Development Bank together with the Korean Ministry of Economy and Finance and the Export-Import Bank of Korea have signed an agreement, under which Korea will provide $600 million in co-financing for energy projects alongside the Bank.
Tanzania has been granted a loan worth $123.39 million to finance part of the country’s North-West Grid 400kV Nyakanaz–Kigoma power transmission line project. The funding was approved last Friday by the multilateral development finance...